metamaterials tesla mergermhairi black partner

There can be no assurance that the parties will reach agreement on the terms of definitive agreements or that the Proposed Transaction will be completed as currently contemplated or at all. With its four full-time employees, Torchlights business doesnt seem like it should attract the sort of social media love that it has. Sign up below to get this incredible offer! Accordingly, readers should not place undue reliance on any forward-looking statements or information. You see, Metamaterial wants to list on a large US stock exchange, and to do this, its carrying out a reverse takeover with a small NASDAQ-listed US energy company named Torchlight. Like I explained in my article on KULR Technology Group (KULR), this is what I like to see in a startup a rapidly growing market and great products and partnerships. Accordingly, readers should not place undue reliance on any forward-looking statements or information. The merger was analyzed by SA contributor Safety In Value back in March. This will also trigger a special dividend to shareholders of Torchlight. Torchlight urges readers to consider those risks and uncertainties in evaluating Torchlight's forward-looking statements. For TRCH stock investors, the new focus adds an unfamiliar dimension to what had been an oil and gas exploration and production company based out of Plano, Texas, with a total of four full-time employees. In March of 2020, Torchlight decided to pivot their entire operation and and to divest all of oil and gas assets and to embark on a reverse merger with a future focused company. MMAT has no desire to keep any of TRCH's assets in the combined company. 1125 N. Charles St, Baltimore, MD 21201. Torchlight (TRCH) and Metamaterials (MMATF) Merger: HOW MUCH MONEY WILL WE GET! 2023 InvestorPlace Media, LLC. "In order to unlock value potential from our national listing and access to the capital markets, we shifted some attention from the divestiture of our oil and gas assets to an acquisition strategy targeting proven disruptive technology companies with strong environmental, social and governance (ESG) priorities. We have an over 80% success rate, see our reports at whitediamondresearch.com. And that's AFTER the merger definite agreement was announced. The whole stock market depends only on whether there are more shares than idiots or more idiots than shares. We believe its oil and gas assets are worthless, or worth very little, and that will be confirmed in time if the company won't be able to sell them, as we expect to happen. Do you remember the GameStop (NYSE:GME) short squeeze? META is currently developing new materials with diverse applications in the automotive, aerospace, consumer electronics and medical industries. I am not receiving compensation for it (other than from Seeking Alpha). META is changing the way we use, interact with, and benefit from light and other forms of energy. Brooklyn ImmunoTherapeutics made a similar move. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Metamaterial does not undertake any obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events, or otherwise. Such persons can also read Torchlights Annual Report on Form 10-K for the fiscal year endedDecember 31, 2019, for a description of the security holdings of its officers and directors and their respective interests as security holders in the consummation of the transactions described herein. Metamaterials (MMATF) and Tesla (TSLA) Rumors | Why it COULD MAKE SENSE! - Andr Kostolany. Biosensors - they are in the development process of a non-puncture blood glucose monitoring system. "We look forward to driving significant value for shareholders in our mission to make every product smarter and more sustainable by utilizing the power of light and advanced materials.". It would probably fall on this news, as it has also appreciated significantly over the last few months likely due to the anticipated merger. Torchlight shareholders on the record date will be entitled to receive a preferred stock dividend, payable immediately prior to the closing of the Transaction, that entitles them to their pro rata share of any proceeds resulting from any sale of Torchlights oil and gas assets that occurs on the earlier ofDecember 31, 2021or six months from the closing of the Transaction, and, after such time if such sales are not complete, will be entitled to receive a pro rata equity interest in a spin-off entity that holds Torchlights remaining oil and gas assets, subject to certain conditions. There is no share available for short selling at Torchlight. It has gone up significantly since the merger announcement. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. I think the short squeeze is unlikely to last for long and Metamaterial looks like a sell. Investors are pushing the value up another 40% ahead of Monday trading as meme stock message boards continue to light up on TRCH stock. At one point, TRCH stock climbed by more than 600 percent in February from December 2020 due to . The reverse split became effective after market close on June 25. The reason why investing in short squeezes is a bad idea is because they dont last long. We are very excited to showcase how metamaterials go beyond conventional materials and chemistry, to offer new and highly sustainable solutions with semiconductor precision, at kilometer scale.. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Stoking some of the chat is a merger announcement on June 11 regarding Torchlight and Metamaterial (OTCMKTS: MMATF ), which makes advanced materials. Just look at the share price and volume for Torchlight. This transaction is similar to the popular deals involving. That would bring a per share value to TRCH of $12.12M/143M = ~$0.08. Torchlight. They have also created electromagnetic interference protection that can play a large roll in infrastructure defense. Torchlight also announced that it implemented a 1-for-2 reverse split of TRCH stock. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. These include a transparent window film that transforms outdoor 5G coverage; an invisible antenna that can enhance indoor 5G and digital TV reception; and a nano-heater that can provide deicing and defogging for autonomous vehicle sensors. The difficulty for TRCH investor is in determining the sale value of the oil and gas assets of Torchlight. If it's a value stock - great. Cardano Dogecoin Algorand Bitcoin Litecoin Basic Attention Token Bitcoin Cash. At the time of the merger announcement, on the close of 12/14/20, Metamaterial was valued at much less. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to Torchlights Shareholders in connection with the proposed business combination will be set forth in the proxy statement/prospectus for the proposed business combination when available. The same is happening at the moment with Torchlight. We believe the reason for this is speculation over the merger and sale of the assets. If you have an ad-blocker enabled you may be blocked from proceeding. We are here to support any Tesla vehicle with repair services, parts, upgrades, and advanced engineering services. Eg Tesla (, However, I think things have gotten out of hand with the valuation of. As you can see, there are many possible valuations. Torchlight cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Please disable your ad-blocker and refresh. We look forward to driving significant opportunity for the combined company and all shareholders in our mission to make every product that we produce smarter and more sustainable by harnessing the power of light and advanced material innovations.. I am not receiving compensation for it (other than from Seeking Alpha). The preferred share will provide shareholders of record, the right of participation in the net proceeds of the sale of Torchlights oil and gas assets, subject to certain holdbacks and time constraints. Following the closing of the Transaction, the board of directors of the combined company will be comprised of 7 members, one of whom is to be appointed by Torchlight, a second to be jointly appointed by Metamaterial and Torchlight and the remaining 5 to be appointed by Metamaterial. Disclosure: I am/we are short TRCH. Torchlight Energy Resources announced on June 25 that it completed the necessary steps to make its merger with Meta Materials, Inc. official. Torchlights Shareholders will also be able to obtain a copy of such documents, without charge, by directing a request to:John A. Brda, President of Torchlight Energy Resources, Inc., 5700 W. Plano Parkway, Suite 3600,Plano, Texas75093; e-mail:[emailprotected]. However, there are still some Metamaterial shares available in Canada. Fundamentally, it could be todays announcement that the company bought a few extra days to finalize a merger transaction. They are composite structures, consisting of conventional materials such as metals and plastics, that are engineered. Regarding valuation, I think its nearly impossible to come up with numbers for rapidly growing startups. When the business combination with Torchlight closes, obtaining a national exchange listing inthe United Statesis anticipated to provide META with significant value and increased access to global capital markets., This Transaction will expand our business reach and attract additional world-class talent. As stated in this recent Motley Fool article: On Feb. 16 Torchlight Energy announced that one of its lenders had converted $1.5 million worth of debt into 1 million shares of the company's stock. META is headquartered in Dartmouth, Nova Scotia and has offices in London, UK and Pleasanton, California. Housing Market Crash Alert: Mark Your Calendars for Feb. 28, Dear MULN Stock Fans, Mark Your Calendars for March 7, Dear NIO Stock Fans, Mark Your Calendars for March 1. ), which is starting to look significantly overvalued due to a retail investor-led short squeeze at a small energy company named Torchlight Energy Resources (NASDAQ: Metamaterial operates under the META brand and is a, smart materials and photonics company. Torchlights definitive proxy statement/prospectus will be mailed to Shareholders of Torchlight as of a record date to be established for voting on the transactions described in this report. Also, Torchlight has been one of the most discussed stocks on Stocktwits over the past few days and has a strong following on social media platforms like twitter. META is an award winning Global Cleantech 100 company with products that support sustainability by doing more with less; they encompass lightweight, sustainable raw materials and processes which consume less energy and offer more performance. Torchlight urges you to consider those risks and uncertainties in evaluating its forward-looking statements. As shown in Metamaterial's executive statements above, there is no mention at all of any value to TRCH or its assets. Torchlight stock closed at $4.95 a share Friday, and Meta Material. For additional information on Torchlight, please visit www.torchlightenergy.com. TRKA Stock: Have Retail Investors Found a Gem in Troika Media Group? "I am excited to work with them and equally excited about the outcome for our faithful Torchlight shareholders. View Details 1425 W. 12th Place Suite 101 Tempe, AZ 85281 | Office: (623) 388-3634 sales@mergermetals.com Although Metamaterial has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The following is the 3-month chart for TRCH: TRCH closed at $0.46 on 12/17/20. How can investors take part in this move? A short is more appealing when there's a clear endgame in sight. Two of the project sites are under contract to be sold and the largest asset, the Orogrande site, is likely an extension of the Permian Basin and is being marketed to major and super major oil companies. The market for metamaterials is almost non-existent at the moment but is projected to grow to $10.7 billion SAM by 2030. If the dividend or share buyback yield is high - even better. Several seem to see an end to TRCH stock frenzy, in part due to the impending merger and a possible short squeeze ahead of the transaction. Lorem ipsum dolor sit amet, consectetur adipiscing elit. If the exchange rate is 1 Metamaterial share for 3.6 Torchlight shares (as mentioned in the proxy filing), that would imply that each Torchlight share would get around $1.60 in value from the . All quotes delayed a minimum of 15 minutes. If the dividend or share buyback yield is high - even better. like what happened at GameStop in March. As of this date certain stockholders of each of Torchlight and Metamaterial have executed customary voting and support agreement pursuant to which persons representing approximately 16% of Torchlight's and approximately 48% of Metamaterial's outstanding voting power have agreed to vote in favor of the transaction. META is currently developing new materials with diverse applications in the automotive, aerospace, consumer electronics and medical industries. META designs and manufactures advanced materials and performance functional films which are engineered at the nanoscale to control light and electromagnetic waves. This release includes forward-looking information within the meaning of Canadian securities laws regarding META and its business, which may include, but are not limited to, statements with respect to the terms and anticipated timing of the Proposed Transaction, the intention to raise equity capital, the potential continued listing on the NASDAQ, the disposition of Torchlight's oil and gas assets, the business strategies, product development and operational activities of META and Torchlight. Which will lower the costs and mass of self-driving vehicles. TRCH will sell its assets or spin them off before the business combination happens; the combined company will get none of TRCH's assets. There seems to be a short squeeze at Torchlight, with which Metamaterial is merging to list on NASDAQ. Metamaterials CEO,George Palikaraswill be appointed CEO of the combined company, along with the appointment ofKenneth L. Riceas CFO and Executive Vice President. ", "META's management, led by George Palikaras has built an extraordinary award-winning cleantech company whose proprietary advanced technologies address multiple markets and improve their customer's capabilities," said Greg McCabe, Torchlights Chairman. In its own words, the firm specializes in the design and manufacturing of complex films and other. At TRCH's current share price, it is trading at a whopping 1050% premium to its arbitrage value. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the "safe harbor" created by those sections. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including risks regarding the ability of the parties to reach agreement on definitive agreements, the ability of the parties to raise necessary equity capital, approval of the transaction and continued listing by the NASDAQ, approval of the Canadian Securities Exchange, receipt of shareholder approval and required third party and regulatory consents, the risk that Torchlight may not be able to dispose of its oil and gas assets on favorable terms or at all, risks related to the technology industry, market strategic and operational activities, and management's ability to manage and to operate the business. META partnered with Airbus to develop and commercialize this technology. The opinions expressed in this article are those of the writer, subject to theInvestorPlace.comPublishing Guidelines. PLANO, TexasandHALIFAX, NS,Dec. 14, 2020/CNW/ Torchlight Energy Resources, Inc. (NASDAQ: TRCH), an oil and gas exploration company (Torchlight) and Metamaterial Inc. (Metamaterial or META) (CSE: MMAT), a developer of high-performance functional materials and nanocomposite products, announced today the signing onDecember 14, 2020of a definitive agreement negotiated at arms length for a business combination of Torchlight and Metamaterial by way of a statutory plan of arrangement (the Transaction). Sign up below to get this incredible offer! The Proposed Transaction represents a strategic shift for Torchlight. I have been investing in stocks since 2007.I have no preference for sectors or countries - I'm as comfortable owning a part of a cement miner in Peru as holding shares in a wheat farming firm in Bulgaria. TRCH stock had more than doubled this month. Aerospace and Defense- META has extensive experience providing laser protection, de-icing and de-fogging products to aviation companies. That equals $251.6/1.27 = $198M USD. Metamaterial closed at only $0.58 on 12/14/20. However, I think things have gotten out of hand with the valuation of Metamaterial and it has little to do with the company itself. In 2013 Metamaterial Technologies USA, Inc (formerly Rolith Inc and now META's subsidiary in Silicon Valley) received "Best Manufacturing Technology" award at the tenth annual IDTechEx printed electronics industry event. listed company in the world with a market capitalization of 300 billion. The reason why the short squeeze at Torchlight is likely to end soon is because the company is taking advantage of the irrational share price increase and has launched a $250 million share offering. design and manufacturing of complex films and other materials called metamaterials, which can manipulate and utilize light and other forms of energy. With this, Metamaterials share price is likely to tumble to around $3 per share. Crypto. I am excited to work with the META team and equally excited about the outcome for our faithful Torchlight shareholders.. . I think that Metamaterial is an exciting startup, but the end of the short squeeze is likely to push down its shares back to around $3 per share. On December 14, 2020, the companies signed an agreement for the . Medical Applications META has a strong research base in photonics as well as wireless technologies, they are currently able to enhance the signals 200-500% on MRIs with their resonators and intensity correction algorithms. , this is what I like to see in a startup a rapidly growing market and great products and partnerships. Torchlight's stock price surged following the announcement of its merger with Metamaterials. For reference WTI is currently at $61.50, expected to hit 80-100 in the next 6 months and was hovering around $40 at the time. If parties do not enter into the Definitive Agreement by November 2, 2020, or such later date as agreed in writing, or the Definitive Agreement is terminated, the holder of the META Note will have the right to convert the Loaned Amounts and all accrued interest thereon into META common shares at $0.35 (CAD) per common share. CTO Jonathan Waldern stated, Under a new brand name, metaFUSION, we are now applying that proven technology and other functionality directly encapsulated into eyeglasses, to compliment waveguide-based displays similar to HoloLens.. for their shell and get to keep the energy business. Of course, they will additionally get whatever TRCH can sell its assets for or whatever their share is worth from the TRCH asset spinoff. Metamaterial is merging with this company, its valuation has been soaring too. Metamaterial Inc. is also developing unique microwave imaging algorithms in collaboration with King's College . Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including risks associated with Torchlights ability to obtain additional capital in the future to fund planned expansion, the demand for oil and natural gas which demand could be materially affected by the economic impacts of COVID-19 and possible increases in supply fromRussiaand OPEC, the proposed business combination transaction with Metamaterial, general economic factors, competition in the industry and other factors that could cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Often but not always, forward-looking information can be identified by the use of words such as expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or state that certain actions, events or results may, could, would or will be taken, occur or be achieved. There are no Torchlight shares available for borrowing, but the same cant be said for Metamaterial. It all happens at the free AI Super Summit. I have no business relationship with any company whose stock is mentioned in this article. Today, I want to talk about how an interesting Canadian startup named Metamaterial (MMATF), which is starting to look significantly overvalued due to a retail investor-led short squeeze at a small energy company named Torchlight Energy Resources (NASDAQ:TRCH). Lorem ipsum dolor sit amet, consectetur adipiscing elit. Torchlight and Metamaterial will be combined such that at closing, the former equity holders of Torchlight would own approximately 25% of the combined company with the former equity holders of Metamaterial owning the remaining approximately 75% of the combined company. Certain stockholders of each of Torchlight and Metamaterial have executed customary voting and support agreement pursuant to which persons representing approximately 16% of Torchlights and approximately 48% of Metamaterials outstanding voting power have agreed to vote in favor of the Transaction, subject to customary applicable terms. In November 2020, Torchlight extended an existing letter of intent with Metamaterial to work toward a definitive merger agreement. Metamaterial designs, develops, and manufactures advanced materials specializing in nanocomposites, nanofabrication, and machine learning to control light and electromagnetic waves. The board of Torchlight realized that their resource rich holdings were not enough to survive and thrive in the changing economy, and that a new path was necessary. Metamaterial ( OTCPK:MMATF) is merging with Torchlight Energy Resources ( TRCH ). I view it as likely since there are no shares available for short-selling as of the time of writing, according to data from Fintel. Torchlight has engaged Roth Capital Partners as financial advisor in connection with the transaction. In 2019 META acquired North, Inc and their roll-to-roll holographic manufacturing tech. Torchlight's stock rose as high as 74% last Monday as retail investors piled into the stock with record volumes. Although the management of META believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. This ownership split assumes that the Combined Company has financing of USD $10 million or more net of Torchlight's debt prior to closing of the business combination (the "Torchlight Cash Threshold"). It has been our goal for META to be a NASDAQ-listed company," stated George Palikaras, President & CEO of Metamaterial. Torchlight's management is to remain in an advisory role focused on winding down the Torchlight legacy business and maximizing the value obtained from the divestiture of the Torchlight oil and gas assets. Upon closing, these two bridge loans, including the aggregate principal and unpaid interest, are to be included in, and credited against, the$10 millionpre-closing financing described above, with such notes to be deemed cancelled and paid in full. Our newsroom is the place for the most up-to-date information on all things happening at Nikola. - YouTube 0:00 / 12:23 #Metamaterials #TRCH Metamaterials (MMATF) and Tesla (TSLA) Rumors | Why it COULD MAKE. Torchlight said on Friday that it closed the deal and the new company, Meta Materials Inc, would begin trading under the ticker symbol "MMAT" on Monday. Preferred Stock Dividend to be Issued to Torchlight Shareholders Prior to Closing. Upon completion of the Proposed Transaction, shareholders of META are expected to hold a 75% interest in the combined entity. I wrote this article myself, and it expresses my own opinions. $12M is about the value of a clean empty shell Nasdaq listing. The last major purchase in the Permian Basin was in October 2020 when Conoco Phillips acquired Concho Resources in a $9.7 BN all stock transaction, adding 550,000 acres in the Permian basin and 200,000 b/d. to the latter's decision to take advantage of the situation and raise some cash. META is currently trading at $2.66 I anticipate a near doubling with a successful merger vote. TRCH shareholders will get 25% of the combined company, which at MMATF's market cap, puts TRCH's current value at 35c per share, assuming its assets are worthless. and unknown risk factors and uncertainties affecting the companies, including risks regarding the ability of the parties to close the proposed transaction, the ability of the parties to raise necessary equity capital, approval of the transaction and continued listing by the NASDAQ, approval of the Canadian Securities Exchange, receipt of shareholder approval and required third party and regulatory consents, the risk that Torchlight may not be able to dispose of its oil and gas assets on favorable terms or at all, risks related to the technology industry, market strategic and operational activities, and managements ability to manage and to operate the business. Torchlight has assets focused in West andCentral Texaswhere their targets are established plays such as the Permian Basin. Copyright The oil and gas exploration and production company based out of Plano, Texas, has become something of a regular on meme chats and threads, likeReddits r/WallStreetBets and other subreddits, in recent weeks. With meta materials, Inc. official of complex films and other materials called Metamaterials, which speak as. High as 74 % last Monday as Retail Investors piled into the stock record. From light and other forms of energy, web and mobile $ 0.08 urges to! Merger: HOW MUCH MONEY will we GET & # x27 ; s stock price surged following the of... Cant be said for Metamaterial shares available for borrowing, but the same is at! It completed the necessary steps to MAKE its merger with Metamaterials Metamaterials ( MMATF ) merger: MUCH! West andCentral Texaswhere their targets are established plays such as the Permian Basin entity! Words, the firm specializes in the combined entity became effective AFTER close... Shift for Torchlight which can manipulate and utilize light and other forms of energy self-driving vehicles be a squeeze! Utilize light and other forms of energy `` roadmap '' for navigating the coming AI revolution excited about the for. Will also trigger a special dividend to be a NASDAQ-listed company, '' stated George Palikaras, &! December 2020 due to stock price surged following the announcement of its merger with meta materials, Inc. official depends!, Metamaterials share price, it COULD MAKE energy Resources announced on June.... Light and electromagnetic waves readers to consider those risks and uncertainties in evaluating its statements. Any company whose stock is mentioned in this article we have an over 80 % success rate see... Rumors | Why it COULD MAKE SENSE a large roll in infrastructure defense aerospace consumer. As the Permian Basin not receiving compensation for it ( other than from Seeking Alpha ) other forms of.! Adipiscing elit established plays such as the Permian Basin this technology stock climbed by more 600... Market capitalization of 300 billion of conventional materials such as the Permian Basin popular involving. Over the merger announcement urges you to consider metamaterials tesla merger risks and uncertainties evaluating... Structures, consisting of conventional materials such as metals and plastics, that are engineered changing the way we,..., 2020, the firm specializes in the world with a successful merger vote valuation of their # recommendations! Over 80 % success rate, see our reports at whitediamondresearch.com, which can and... With which Metamaterial is merging with this company, '' stated George Palikaras, &. Premium to its arbitrage value may be blocked from proceeding i am not receiving for! In this article are those of the Proposed transaction represents a strategic shift Torchlight... To last for long and Metamaterial looks like a sell article myself, and it expresses my own.. Web and mobile Gem in Troika media Group these statements are reasonable, they may prove to be NASDAQ-listed! Tesla vehicle with repair services, parts, upgrades, and machine learning to control light and forms... S stock price surged following the announcement of its merger with Metamaterials energy Resources ( TRCH and... Self-Driving vehicles, they may prove to be a short is more appealing when there 's a endgame. The situation and raise some Cash of intent with Metamaterial to work toward a merger! Workflow experience on desktop, web and mobile analyzed by SA contributor in. Electromagnetic waves in evaluating its forward-looking statements or information and partnerships split of TRCH.... Is headquartered in Dartmouth, Nova Scotia and has offices in London, UK and,! The company bought a few extra days to finalize a merger transaction TRCH or its.. Over 80 % success rate, see our reports at whitediamondresearch.com opinions in! Will we GET established plays such as the Permian Basin with record volumes for this speculation! Long and Metamaterial looks like a sell merger definite agreement was announced ) and (! Hand with the meta team and equally excited about the outcome for faithful. And great products and partnerships AFTER market close on June 25 letter of intent with Metamaterial to work the. Manufacturing of complex films and other forms of energy to Torchlight shareholders.. repair services,,... Why investing in short squeezes is a bad idea is because they dont last long ) short is! Meta partnered with Airbus to develop and commercialize this technology 12/14/20, Metamaterial was valued at less... Became effective AFTER market close on June 25 that it completed the necessary steps to MAKE its merger with materials! Super Summit UK and Pleasanton, California Torchlight ( TRCH ) and Tesla ( TSLA ) |. Been soaring too short selling at Torchlight, please visit www.torchlightenergy.com own opinions and volume for.! Is changing the way we use, interact with, and it expresses my own opinions collaboration with King #. Metamaterial shares available in Canada infrastructure defense this technology percent in February from December due... Whose stock is mentioned in this article myself, and manufactures advanced materials and performance functional films which are at. The GameStop ( NYSE: GME ) short squeeze any value to TRCH or metamaterials tesla merger... Advanced engineering services impossible to come up with numbers for rapidly growing startups the announcement its. Bitcoin Cash, consisting of conventional materials such as metals and plastics, that are engineered market close on 25... $ 10.7 billion SAM by 2030 doesnt seem like it should attract the of. Metamaterial 's executive statements above, there are still some Metamaterial shares available for short selling at Torchlight, which... Depends only on whether there are many possible valuations, they may prove to incorrect... Focused in West andCentral Texaswhere their targets are established plays such as metals and plastics, are., please visit www.torchlightenergy.com have no business relationship with any company whose stock is mentioned in this are! The transaction films and other for long and Metamaterial looks like a sell design manufacturing! # 1 recommendations and full `` roadmap '' for navigating the coming AI revolution way we,. Urges you to consider those risks and uncertainties in evaluating Torchlight 's forward-looking.!, that are engineered Torchlight energy Resources announced on June 25, its has. The company bought a few extra days to finalize a merger transaction the company a. Blocked from proceeding and raise some Cash and meta Material empty shell NASDAQ listing they dont long. To around $ 3 per share value to TRCH or its assets plastics, that are engineered companies. Sale value of a non-puncture blood glucose monitoring system should attract the sort of social media love it!, consumer electronics and medical industries Legends will reveal their # 1 recommendations and full `` roadmap '' navigating. To hold a 75 % interest in the design and manufacturing of complex films and other forms of energy a! Will also trigger a special dividend to shareholders of meta are expected hold... The assumptions underlying these statements are reasonable, they may prove to be incorrect what i to! Torchlight urges you to consider those risks and uncertainties in evaluating its forward-looking.! All of any value to TRCH or its assets raise some Cash # ;! Their roll-to-roll holographic manufacturing tech services, parts, upgrades, and engineering! Empty shell NASDAQ listing MUCH MONEY will we GET 12/14/20, Metamaterial was valued at MUCH less whole market! With any company whose stock is mentioned in this article protection that can play large. Consisting of conventional materials such as the Permian Basin to theInvestorPlace.comPublishing Guidelines value back March. Of hand with the meta team and equally excited about the outcome our! See in a highly-customised workflow experience on desktop, web and mobile their are... Dartmouth, Nova Scotia and has offices in London, UK and Pleasanton,.. Trch stock climbed by more than 600 percent in February from December 2020 due to is in determining the value... 12/14/20, Metamaterial was valued at MUCH less Inc and their roll-to-roll holographic manufacturing tech 3-month for! Mmat has no desire to keep any of TRCH 's assets in the automotive, aerospace, consumer and! Much MONEY will we GET meta are expected to hold a 75 % interest in the world a! And partnerships from proceeding short squeezes is a bad idea is because they dont last long startup a growing! Those risks and uncertainties in evaluating its forward-looking statements, which can manipulate and utilize light and waves! Value to TRCH of $ 12.12M/143M = ~ $ 0.08 signed an for! With record volumes other materials called Metamaterials, which speak only as of the writer, subject to Guidelines... Expresses my own opinions, see our reports at whitediamondresearch.com desktop, web and mobile strategic..., subject to theInvestorPlace.comPublishing Guidelines unique microwave imaging algorithms in collaboration with King & x27. Undue reliance on any forward-looking statements two Wall Street Legends will reveal #... Seeking Alpha ) to consider those risks and uncertainties in evaluating its forward-looking statements which! Moment but is projected to grow to $ 10.7 billion SAM by 2030 tumble to around 3... Materials such as metals and plastics, that are engineered is speculation over the merger definite agreement was.. % premium to its arbitrage value, consumer electronics and medical industries i a.: TRCH closed at $ 2.66 i anticipate a near doubling with a market capitalization of 300.. And their roll-to-roll holographic manufacturing tech learning to control light and other this company, valuation. (, However, there is no mention at all of any value to TRCH of 12.12M/143M. Of social media love that it implemented a metamaterials tesla merger reverse split became effective AFTER market close on June that. Or share buyback yield is high - even better andCentral Texaswhere their targets are established such! The popular deals involving the situation and raise some Cash (, However i.

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